Comparison of cryptocurrencies: Difference between revisions

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Davidhedlund (talk | contribs)
The trade symbol for Bitcoin Cash is BCC (see bitcoincash.org), not BCH as I copy/pasted from cryptocompare.com. I asked them up update their text as well.
Furunodo (talk | contribs)
removing links to scamcoins
 
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The cryptocurrency market is explosive which currently serves '''865''' currencies. Most of them are obvious scams—including many which purport to have a large market cap. This article aims to list only the most relevant cryptocurrencies in terms of novel technological advancements or strong engineering teams, or due to widespread awareness thereof. Direct, low-level scams should not be listed here.
The cryptocurrency market is explosive which currently serves hundreds of currencies. Almost all of them are obvious scams—including many which purport to have a large market cap. This article aims to list only the most relevant cryptocurrencies in terms of novel technological advancements or strong engineering teams, or due to widespread awareness thereof. Direct, low-level scams should not be listed here.


{| class="wikitable sortable"
{| class="wikitable sortable"
Line 6: Line 6:
! Launched
! Launched
! Anonymity
! Anonymity
! Max supply
! Algorithm
! Proof Type
! Notes
! Notes
! Website
! Website
Line 13: Line 16:
| 2009-01-03
| 2009-01-03
| {{no|Low}}
| {{no|Low}}
| style="text-align: right" | ~21,000,000
| SHA256
| PoW
| First blockchain.
| First blockchain.
| [https://bitcoin.org/ bitcoin.org]
| [https://bitcoin.org/ bitcoin.org]
|-
|-
! {{rh}} | [[File:Bitcoin_Cash.png|16px|link=]] [[Bitcoin Cash]]
! {{rh}} | [[File:Bitcoin.png|16px|link=]] [[Tonal Bitcoin]]
| BCC
| TBC
| 2017-08-01
| 2011-01-02
| {{no|Low}}
| {{no|Low}}
| A hard fork of Bitcoin with activated Segregated Witness (SegWit)
| style="text-align: right" | ~21,000,000
| [https://bitcoincash.org/ bitcoincash.org]
| SHA256
| PoW
| First on-chain alternative.
| -
|-
|-
! {{rh}} | [[File:Dash.png|16px|link=]] Dash
! {{rh}} | [[File:Bitcoin_Cash.png|16px|link=]] BCash
| DASH
| BCH
| 2014-01-18
| 2017-08-01
| style="background: lightyellow;" | Medium
| Introduced the X11 algorithm, which is just a composite function of multiple hashing algorithms. Had a significant failure mode in the beginning which equated to a majority premine by a small number of Amazon EC2 customers. This technically compromises their Master Node algorithm, especially over time.
| [https://dash.org/ dash.org]
|-
! {{rh}} | [[File:Ethereum.png|16px|link=]] Ethereum
| ETH
| 2015-08-07
| {{no|Low}}
| {{no|Low}}
| Massive
| style="text-align: right" | ~21,000,000
| [https://ethereum.org ethereum.org ]
| SHA256
| PoW
| BCash is an altcoin based on an old snapshot of Bitcoin's blockchain (2017 Aug 1) with replay protection and an increased block size limit of 8MB. An unusual emergency difficulty adjustment algorithm causes significant periods of hyperinflation. Significant miner centralization; often a very low hashrate. Major proponents deliberately attempt to confuse new users into thinking BCash is actually Bitcoin, especially by using the name "Bitcoin Cash". On 15 November 2018, an airdrop of BCash occurred between two rival factions now called BCash (BCH) and CraigCoin (BSV).
| [https://www.bitcoincash.org/ bitcoincash.org]
|-
|-
! {{rh}} | [[File:Ethereum_Classic-32x32.png|16px|link=]]Ethereum Classic
! {{rh}} | [[File:Bitcoin.png|16px|link=]] CraigCoin
| ETC
| BSV
| 2016-07-24
| 2018-11-15
| {{no|Low}}
| {{no|Low}}
|  
| style="text-align: right" | ~21,000,000
| [http://www.ethereumclassic.org/ ethereumclassic.org]
| SHA256
|-
| PoW
! {{rh}} | [[File:Litecoin.png|16px|link=]] Litecoin
| On 15 November 2018, a hard fork chain split of BCash occurred between two rival factions called BCH and BSV. Mostly based around a cult following of the fraudster Craig Wright who claims to be Satoshi (hence SV = Satoshi's Vision).
| LTC
| https://bitcoinsv.io/
| 2011-10-07
| {{no|Low}}
|  
| [https://litecoin.org/ litecoin.org]
|-
|-
! {{rh}} | [[File:Monero.png|16px|link=]] [[Monero]]
! {{rh}} | [[File:Namecoin.png|16px|link=]] Namecoin
| XMR
| 2014-04-18
| {{Yes|High}}
| Introduced [https://www.ledgerjournal.org/ojs/index.php/ledger/article/view/34 Ring Confidential Transactions].
| [https://getmonero.org/ getmonero.org]
|-
! {{rh}} | [[File:Namecoin.png|16px|link=]] [[Namecoin]]
| NMC
| NMC
| 2011-04-18
| 2011-04-18
| {{no|Low}}
| {{no|Low}}
| First cryptocurrency that implemented Satoshi's BitDNS idea
| [https://namecoin.info/ namecoin.info]
|-
! {{rh}} | [[File:NEM-16x16.png|16px|link=]] NEM
| XEM
| 2015-03-31
| style="background: lightyellow;" | Medium
| Introduced the [[proof-of-importance]] (POI) algorithm.
| [https://nem.io/ nem.io]
|-
! {{rh}} | [[File:Zcash-16x16.png|16px|link=]] [[Zcash]]
| ZEC
| 2016-10-28
| {{Yes|High}}
| First cryptocurrency that implemented the zerocash protocol.
| [https://z.cash/ z.cash]
|-
! {{rh}} | [[File:Zcoin-800x800.png|16px|link=]] [[Zcoin]]
| XZC
| 2016-09-28
| style="background: lightyellow;" | Medium
| First cryptocurrency that implemented the zerocoin protocol which also makes it the first useful Zero-knowledge proof based anonymous cryptocurrency. First that implements Merkle Tree Proof of Work (MTP).
| [https://zcoin.io/ zcoin.io]
|-}
{| class="wikitable sortable"
! style="width: 100px;" | Cryptocurrency
! Max supply
! Algorithm
! Proof Type
|-
! {{rh}} | [[File:Bitcoin.png|16px|link=]] [[Bitcoin]]
| style="text-align: right" | ~21,000,000
| style="text-align: right" | ~21,000,000
| SHA256
| SHA256 Merged
| PoW
|-
! {{rh}} | [[File:Bitcoin_Cash.png|16px|link=]] [[Bitcoin Cash]]
| style="text-align: right" | 21,000,000.0
| SHA256
| PoW
| PoW
| First cryptocurrency that implemented Satoshi's BitDNS idea. Essentially the first real altcoin. Still under active development. First merged-mined altcoin.
| [https://namecoin.info/ namecoin.info]
|-
|-
! {{rh}} | [[File:Dash.png|16px|link=]] Dash
! {{rh}} | [[File:Dash.png|16px|link=]] Dash
| DASH
| 2014-01-18
| {{no|Low}}
| style="text-align: right" | 22,000,000
| style="text-align: right" | 22,000,000
| X11
| X11
| PoW/PoS
| PoW/PoS
| Introduced the X11 algorithm, which is just a composite function of multiple hashing algorithms. Had a significant failure mode in the beginning which equated to a majority premine by a small number of Amazon EC2 customers. This means their Master Node algorithm has been in a failure mode from the beginning.
| [https://dash.org/ dash.org]
|-
|-
! {{rh}} | [[File:Ethereum.png|16px|link=]] Ethereum
! {{rh}} | [[File:Ethereum_Classic-32x32.png|16px|link=]] Ethereum Classic
| ETC
| 2015-08-07
| {{no|Low}}
| style="text-align: right" | Infinite
| style="text-align: right" | Infinite
| Ethash
| Ethash
| PoW
| PoW
| Majority premine sale. Used to be known as just "Ethereum" and "ETH" until the Ethereum Foundation split off an altcoin using their trademark.
| [http://www.ethereumclassic.org/ ethereumclassic.org]
|-
|-
! {{rh}} | [[File:Ethereum_Classic-32x32.png|16px|link=]] Ethereum Classic
! {{rh}} | [[File:Ethereum.png|16px|link=]] Ethereum
| ETH
| 2016-07-20
| {{no|Low}}
| style="text-align: right" | Infinite
| style="text-align: right" | Infinite
| Ethash
| Ethash
| PoW
| PoW
| An altcoin of Ethereum Classic which split from ETC's blockchain in order to refund the Ethereum Foundation's members' money when the DAO was exploited. Regular hardforks to bail out larger losses by e.g. ETH foundation. Source of the ICO bubbles. Multiple client implementations which fail against each other in terms of consensus errors regularly. Requires multiple months of time to sync to eth blockchain. Contract-building tools interpret input incompatibly.
|
|-
|-
! {{rh}} | [[File:Litecoin.png|16px|link=]] Litecoin
! {{rh}} | [[File:Litecoin.png|16px|link=]] Litecoin
| LTC
| 2011-10-07
| {{no|Low}}
| style="text-align: right" | ~84,000,000
| style="text-align: right" | ~84,000,000
| Scrypt
| Scrypt
| PoW
| PoW
| Originally meant to be a CPU-friendly "silver" to Bitcoin's "gold", the early SCRYPT parameters, it was discovered later, led directly to GPU, and then ASIC-mining almost from the start.
|
|-
|-
! {{rh}} | [[File:Monero.png|16px|link=]] [[Monero]]
! {{rh}} | [[File:Monero.png|16px|link=]] Monero
| style="text-align: right" | Not Applicable
| XMR
| [[CryptoNight]]
| 2014-04-18
| {{yes|High}}
| Infinite (has tail emission of 0.6 XMR)
| [https://github.com/tevador/RandomX RandomX] (formerly [[CryptoNight]])
| PoW
| PoW
| The most successful implementation derived from the [[CryptoNote]] codedrop. Uses [https://www.ledgerjournal.org/ojs/index.php/ledger/article/view/34 Ring CT] and its own implementation of [[Confidential transactions]], [[ECDH_address|Stealth Addresses]], [[BIP_0156|Dandelion]]++ to enhance user privacy.
| [https://getmonero.org/ getmonero.org]
|-
|-
! {{rh}} | [[File:Namecoin.png|16px|link=]] [[Namecoin]]
! {{rh}} | [[File:Zcash-16x16.png|16px|link=]] Zcash
| style="text-align: right" | ~21,000,000
| ZEC
| SHA2 Merged-Mined
| 2016-10-28
| PoW
| style="background: lightyellow;text-align: center;" | Medium
|-
! {{rh}} | [[File:NEM-16x16.png|16px|link=]] NEM
| style="text-align: right" | 8,999,999,999.0
| {{?}}
| PoI
|-
! {{rh}} | [[File:Zcash-16x16.png|16px|link=]] [[Zcash]]
| style="text-align: right" | ~21,000,000
| style="text-align: right" | ~21,000,000
| Equihash
| Equihash
| PoW
| PoW
| First cryptocurrency that implemented the zerocash protocol. Large "Founder's Reward" which is paid out over the first few years of mining to people including Roger Ver.
| [https://z.cash/ z.cash]
|-
|-
! {{rh}} | [[File:Zcoin-800x800.png|16px|link=]] [[Zcoin]]
! {{rh}} | [[File:Zcoin-800x800.png|16px|link=]] Zcoin
| XZC
| 2016-09-28
| style="background: lightyellow;text-align: center;" | Medium
| style="text-align: right" | ~21,000,000
| style="text-align: right" | ~21,000,000
| Lyra2RE
| Lyra2RE
| PoW
| PoW
| First cryptocurrency that implemented the zerocoin protocol which also makes it the first useful Zero-knowledge proof based anonymous cryptocurrency. First that implements Merkle Tree Proof of Work (MTP).
|
|-}
|-}


[[Category:Alternative cryptocurrencies]]
[[Category:Alternative cryptocurrencies]]

Latest revision as of 13:10, 28 July 2020

The cryptocurrency market is explosive which currently serves hundreds of currencies. Almost all of them are obvious scams—including many which purport to have a large market cap. This article aims to list only the most relevant cryptocurrencies in terms of novel technological advancements or strong engineering teams, or due to widespread awareness thereof. Direct, low-level scams should not be listed here.

Cryptocurrency Exchange symbol Launched Anonymity Max supply Algorithm Proof Type Notes Website
Bitcoin BTC 2009-01-03 Low ~21,000,000 SHA256 PoW First blockchain. bitcoin.org
Tonal Bitcoin TBC 2011-01-02 Low ~21,000,000 SHA256 PoW First on-chain alternative. -
BCash BCH 2017-08-01 Low ~21,000,000 SHA256 PoW BCash is an altcoin based on an old snapshot of Bitcoin's blockchain (2017 Aug 1) with replay protection and an increased block size limit of 8MB. An unusual emergency difficulty adjustment algorithm causes significant periods of hyperinflation. Significant miner centralization; often a very low hashrate. Major proponents deliberately attempt to confuse new users into thinking BCash is actually Bitcoin, especially by using the name "Bitcoin Cash". On 15 November 2018, an airdrop of BCash occurred between two rival factions now called BCash (BCH) and CraigCoin (BSV). bitcoincash.org
CraigCoin BSV 2018-11-15 Low ~21,000,000 SHA256 PoW On 15 November 2018, a hard fork chain split of BCash occurred between two rival factions called BCH and BSV. Mostly based around a cult following of the fraudster Craig Wright who claims to be Satoshi (hence SV = Satoshi's Vision). https://bitcoinsv.io/
Namecoin NMC 2011-04-18 Low ~21,000,000 SHA256 Merged PoW First cryptocurrency that implemented Satoshi's BitDNS idea. Essentially the first real altcoin. Still under active development. First merged-mined altcoin. namecoin.info
Dash DASH 2014-01-18 Low 22,000,000 X11 PoW/PoS Introduced the X11 algorithm, which is just a composite function of multiple hashing algorithms. Had a significant failure mode in the beginning which equated to a majority premine by a small number of Amazon EC2 customers. This means their Master Node algorithm has been in a failure mode from the beginning. dash.org
Ethereum Classic ETC 2015-08-07 Low Infinite Ethash PoW Majority premine sale. Used to be known as just "Ethereum" and "ETH" until the Ethereum Foundation split off an altcoin using their trademark. ethereumclassic.org
Ethereum ETH 2016-07-20 Low Infinite Ethash PoW An altcoin of Ethereum Classic which split from ETC's blockchain in order to refund the Ethereum Foundation's members' money when the DAO was exploited. Regular hardforks to bail out larger losses by e.g. ETH foundation. Source of the ICO bubbles. Multiple client implementations which fail against each other in terms of consensus errors regularly. Requires multiple months of time to sync to eth blockchain. Contract-building tools interpret input incompatibly.
Litecoin LTC 2011-10-07 Low ~84,000,000 Scrypt PoW Originally meant to be a CPU-friendly "silver" to Bitcoin's "gold", the early SCRYPT parameters, it was discovered later, led directly to GPU, and then ASIC-mining almost from the start.
Monero XMR 2014-04-18 High Infinite (has tail emission of 0.6 XMR) RandomX (formerly CryptoNight) PoW The most successful implementation derived from the CryptoNote codedrop. Uses Ring CT and its own implementation of Confidential transactions, Stealth Addresses, Dandelion++ to enhance user privacy. getmonero.org
Zcash ZEC 2016-10-28 Medium ~21,000,000 Equihash PoW First cryptocurrency that implemented the zerocash protocol. Large "Founder's Reward" which is paid out over the first few years of mining to people including Roger Ver. z.cash
Zcoin XZC 2016-09-28 Medium ~21,000,000 Lyra2RE PoW First cryptocurrency that implemented the zerocoin protocol which also makes it the first useful Zero-knowledge proof based anonymous cryptocurrency. First that implements Merkle Tree Proof of Work (MTP).